Examine the validity of the following statements in respect of Annual General Meeting (AGM) as per the provisions of the Companies Act, 2013: The Registrar may, for any special reason, extend the time limit within which
CS Executive · Setting up of Business Entities and Closure · PYQS · June 2022
Examine the validity of the following statements in respect of Annual General Meeting (AGM) as per the provisions of the Companies Act, 2013: The Registrar may, for any special reason, extend the time limit within which first AGM shall be held.
Answer & Explanation:
According to the proviso to Section 96(1), the registrar may, for any special reason, extend the time within which any annual general meeting, other than first annual general meeting, shall be held, by a period not exceeding three months. So, the statement is incorrect .
Topics: Companies Act, 2013
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